MG2 Foundation
Preselected recipients only
MG2 Foundation is a private foundation in Seattle, Washington. In tax year 2024 it gave $272,703 in 19 grants; the typical grant was $5,000 and the largest $175,200. It only gives to organizations it selects itself and does not accept unsolicited applications.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$272,703
- Number of grants19
- Typical grant$5,000
- Largest grant$175,200
- Assets$1.2 million
- New grantees47%
Giving in 2024 was up from $269,550 the year before.
47% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $269,550 | 22 | $1.1 million |
| 2024 | $272,703 | 19 | $1.2 million |
How to apply
MG2 Foundation says in its IRS filing that it only makes contributions to preselected organizations, so unsolicited applications are unlikely to be considered. Organizations it funds are usually invited.
What MG2 Foundation funds
Where it gives
Its grants went to recipients in 5 states, the most to Washington.
| State | Grants | Amount |
|---|---|---|
| Washington | 13 | $245,858 |
| District of Columbia | 3 | $14,250 |
| Georgia | 1 | $7,000 |
| New York | 1 | $2,500 |
| California | 1 | $500 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| Fred Hutchinson Cancer Center | General purpose | $175,200 |
| Lake Washington Institute of Technology Foundation | Gift for the lw scholarship | $21,000 |
| Costco Scholarship Fund | Scholarship | $15,000 |
| Friends of Costco Guild | General purpose | $10,000 |
| Howard University College of Engineering and Architecture | Gift for scholarship | $10,000 |
| The Home Depot Foundation | Store support | $7,000 |
| United Way of King County | Ee donation match | $5,158 |
| College Success Foundation | 2024 breakfast fundraiser sponsorship | $5,000 |
| Habitat for Humanity | General purpose | $5,000 |
| Seattle Design Festival | Gold level sponsorship | $5,000 |
| Lupus Foundation of America Inc | For the benefit of the walk to end lupus | $2,500 |
| Read Alliance | General purpose | $2,500 |
| The Howard University | For the benefit of design award winners | $1,750 |
| Architects Without Borders Seattle | General purpose | $1,500 |
| Homestreet Foundation | General purpose | $1,500 |
| Puyallup Valley Japanese American Citizens League | Sponsoring memorial names for internment | $500 |
| American Legion Cathay Post #186 | 2024 aapi hometown hero celbration | $500 |
| Neighborhood House | Jerry lee's request | $500 |
| National Caca Community Involvement Fund | Caca seattle lodge | $500 |
Officers and trustees
- Jerry Lee
- Mitchell Smith
- Russ Hazzard
- Wendy Unzelman
Questions people ask
Does MG2 Foundation accept grant applications?
No. Its IRS filing says it only makes contributions to preselected organizations.
How much does MG2 Foundation give?
$272,703 in tax year 2024, across 19 grants, with a typical grant of $5,000.
Who runs MG2 Foundation?
Its 2024 filing lists Jerry Lee (Executive Director), Mitchell Smith (Chair), Russ Hazzard (Director) and Wendy Unzelman (Director).
What does MG2 Foundation fund?
Based on its grants, mainly education and science and research.